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The Latest Breaking News from Adobe Inc

1 Software Stock Trading at a Discount Right Now

Leading software company Adobe (ADBE) announced better-than-expected fiscal 2023 first-quarter results and lifted the profit forecast for fiscal 2023 based on its tremendous market opportunity. Uncertain macroeconomic conditions have led to a considerable decline in ADBE’s share price lately. So, it could be the right time to invest in this…

StockNews.com

1 Software Stock That's Worth Its High Price

Software giant Adobe (ADBE) continues to grow and retains a strong position in the software space, supported by strong demand for its offerings and continued innovation. Although ADBE is trading at a premium price, this software stock still has enough upside left. Continue reading….

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3 Nasdaq Stocks to Buy Hand Over Fist in 2023

With the gradual slowdown in rate hikes, the Nasdaq Composite is expected to rebound in 2023. The tech-heavy index could witness substantial gains this year. So, quality Nasdaq stocks, Adobe (ADBE), Fortinet (FTNT), and Cintas (CTAS), could be ideal buys in 2023. Keep reading.

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Adobe Stock: Buy, Sell or Hold in 2023?

Leading software company Adobe (ADBE) reported stable top- and bottom-line growth in the last reported quarter and has posted robust guidance for the current fiscal year. However, considering the controversies concerning the company and spurred insider selling, should you Buy, Sell or Hold the stock now? Let’s find out.

StockNews.com

1 High-Quality Stock to Pour Your Money Into in 2023

Leading software company Adobe (ADBE) reported solid fourth quarter and fiscal 2022 financial results and is well-positioned to achieve sustained growth in the upcoming quarters, driven by solid demand for its offerings, industry-leading innovation, and strong talent and market position. Therefore, investing in this high-quality stock could be wise as…

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3 Upgraded Stocks to Stick on Your Watchlist This Week

The Fed’s indication that rates may stay higher for longer and November’s declining retail sales have sent jitters in the economy. Amid mounting recessionary fears, fundamentally strong stocks, Adobe (ADBE), DocuSign (DOCU), and Buckle (BKE), which have recently been upgraded in our proprietary system, might be ideal additions to your…

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There's Still Time for Long-Term Investors to Get in on This Software Stock

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The 3 Best Tech Stocks to Buy in Q4

The Fed’s hawkish rate hikes and growing recession fears have caused a massive sell-off in the tech sector this year. However, the industry is expected to witness solid long-term growth with increasing global tech spending. Hence, fundamentally sound tech stocks Oracle Corporation (ORCL), Adobe (ADBE), and Rimini Street (RMNI) might…

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5 Adobe Analysts React To Earnings Beat, Guidance Miss, Figma Acquisition

Adobe Inc (NASDAQ: ADBE) shares traded lower by another 4.5% on Friday after the stock dropped 17% on Thursday, its worst day since 2010.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For September 16, 2022

Benzinga

Should You Buy the Dip in This Software Giant?

Shares of Renowned software company Adobe (ADBE) are trading way below their 52-week high despite the company delivering impressive second-quarter results and remarkable revenue and earnings growth estimates by analysts. Furthermore, the company is expected to suffer from macroeconomic and geopolitical headwinds. So, let’s find out if it is wise…

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2 ESG Stocks to Buy and Hold in 2022

Growing awareness of environmental and social issues has prompted investors to place a greater emphasis on stocks that meet environmental, social, and governance (ESG) criteria. So, we believe it would be prudent to add ESG stocks Microsoft (MSFT) and Adobe (ADBE) to your portfolio. Read on to learn more.

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The 4 Best Nasdaq 100 Stocks to Buy

The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data. This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term. Therefore, it could be wise…

StockNews.com

1 Upgraded Software Stock to Add to Your Watchlist

Adobe’s (ADBE) second quarter financial results were promising, with robust revenue growth across segments. The stock has been recently upgraded from Neutral to Buy in our proprietary rating system. Therefore, it could be worth adding this stock to your watchlist. Continue reading….

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Goldman Sachs: These 3 Stocks Could Gain More Than 20% by Next Summer

The stock market seems on track to post its worst first half in decades. And the volatility is not expected to subside anytime soon. Despite the market fluctuations, Goldman Sachs analysts expect fundamentally sound stocks Adobe (ADBE), Global-e Online (GLBE), and Innoviz (INVZ) to rally more than 20% in the…

Benzinga

6 Adobe Analysts React To Q2 Earnings Beat, Guidance Cut, Heightened Execution Risks

Adobe Inc (NASDAQ: ADBE) shares traded slightly higher on Friday after the company's full-year guidance disappointed Wall Street.

Benzinga

After-Hours Action: Why Adobe Stock Is Sliding

Adobe Inc (NASDAQ: ADBE) shares are trading lower in Thursday's after-hours session after the company announced financial results and issued guidance below analyst estimates.

Benzinga

'That Made Me Look Closer': Why This Adobe Investor Is Cautious Ahead Of Q2 Earnings

Adobe Inc (NASDAQ: ADBE) is set to announce its quarterly results after the bell Thursday, and one investor sees warning signs ahead of the report.

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Benzinga

Here's What Analysts Have To Say Ahead Of Adobe's Q2 Results

Analysts reserved their concerns over the prospects for Adobe Inc (NASDAQ: ADBE) amid current macro uncertainty ahead of its Q2 results.

Benzinga

Why Adobe Shares Are Getting Hammered Today

Adobe Inc (NASDAQ: ADBE) shares are trading lower by 7.33% to $395.15. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Benzinga

Read Why Mizuho Re-rated Adobe Ahead Of Its 2Q Earnings

Adobe Inc (NASDAQ: ADBE) will report its 2Q results on June 16, Mizuho analyst Gregg Moskowitz noted.

Benzinga

10 Biggest Price Target Changes For Friday

Mizuho cut Adobe Inc. (NASDAQ: ADBE) price target from $600 to $530. Adobe shares fell 1.1% to $421.77 in pre-market trading.

StockNews.com

Microsoft vs. Adobe: Which Software Stock is a Better Buy?

Given the rising adoption of advanced technologies and rapid digitization, the software industry is poised to grow in the near term. Prominent software stocks Microsoft Corporation (MSFT) and Adobe Inc. (ADBE) look well-positioned to capitalize on the industry tailwinds. But which of these stocks is a better buy now? Read…

Benzinga

Looking Into Adobe Inc's Recent Short Interest

Adobe Inc's (NASDAQ:ADBE) short percent of float has fallen 9.38% since its last report. The company recently reported that it has 6.82 million shares sold short, which is 1.45% of all regular shares that are available for trading.

Benzinga

Analyzing Adobe Inc's Short Interest

Adobe Inc's (NASDAQ:ADBE) short percent of float has risen 17.52% since its last report. The company recently reported that it has 7.54 million shares sold short, which is 1.61% of all regular shares that are available for trading.

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